Samsung to launch Galaxy S7, S7 edge in India today

South Korean electronics giant Samsung is all set to launch its next flagship smartphones -- Galaxy S7 and S7 edge -- in India today. The India launch of the new Galaxy smartphones comes barely a month of their global unveiling at MWC 2016 in Barcelona, Spain.

Samsung showcased the devices a day before MWC 2016 in Barcelona on January 21. Samsung is betting big on virtual reality with the new devices.

Facebook chief Mark Zuckerberg made a surprise appearance at the unveiling event of the smartphones. Zuckerberg was there to talk about Facebook and Samsung's VR partnership.

Audience were given Samsung's latest Gear VR headsets at the launch event, through which they could watch a 360-degree video of people playing freestyle soccer on the streets of Barcelona.

Coming to new Samsung smartphones, Both Galaxy S7 and S7 edge smartphones sport similar hardware. While the Galaxy S7 offers a 5.1-inch display, weigh 152 gram and is powered by a 3,000mAh battery, on the other hand, the bigger S7 edge sports a 5.5-inch display, 3,600mAh battery and weighs 5 gram more. The two new high-end smartphones have a Quad HD Super AMOLED display with a resolution of 2560 x 1440 pixels.

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After PSU banks, the government is likely to infuse capital in two chronically ill telecom PSUs BSNL and MTNL, and the Union Cabinet is likely to take a decision on 4G spectrum allocation to them by the third week of the current month after DoT places the note before it for consideration.

At a high-level meeting at the PMO late Tuesday, it was also decided that the two telcos will frame a Voluntary Retirement Scheme (VRS) to reduce their employee strength, which will be followed by a reduction in the retirement age to 58.